Price for Lubricating Preparations Not for the Treatment of Materials in Chile - 2023
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Chile (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Chile (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Chile
- Exports of Lubricating Preparations Not for the Treatment of Materials in Chile
Price for Lubricating Preparations Not for the Treatment of Materials in Chile (CIF) - 2022
In 2022, the average import price for lubricating preparations not for the treatment of materials amounted to $7,408 per ton, surging by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,771 per ton), while the price for China ($3,249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lubricating Preparations Not for the Treatment of Materials in Chile (FOB) - 2022
The average export price for lubricating preparations not for the treatment of materials stood at $4,518 per ton in 2022, with an increase of 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2017 when the average export price increased by 29%. As a result, the export price attained the peak level of $4,561 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($15,629 per ton), while the average price for exports to Mexico ($2,211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lubricating Preparations Not for the Treatment of Materials in Chile
Imports of lubricating preparations not for the treatment of materials into Chile rose sharply to 22K tons in 2022, surging by 6.4% on the year before. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of lubricating preparations not for the treatment of materials surged to $162M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lubricating Preparations Not for the Treatment of Materials in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 60.5 | 61.3 | 64.2 | 86.2 | 12.5% |
| France | 8.0 | 6.0 | 13.3 | 18.8 | 33.0% |
| Germany | 14.5 | 11.4 | 13.6 | 16.4 | 4.2% |
| Brazil | 3.9 | 4.1 | 7.7 | 9.0 | 32.1% |
| Belgium | 5.3 | 5.2 | 6.8 | 8.3 | 16.1% |
| Spain | 2.5 | 3.0 | 4.7 | 4.0 | 17.0% |
| Lithuania | 0.8 | 1.2 | 3.1 | 3.0 | 55.4% |
| Argentina | 1.7 | 2.7 | 2.2 | 2.6 | 15.2% |
| China | 1.7 | 1.8 | 3.2 | 1.6 | -2.0% |
| Netherlands | 2.9 | 0.9 | 1.9 | 1.4 | -21.6% |
| Others | 6.1 | 8.8 | 10.4 | 10.7 | 20.6% |
| Total | 108 | 106 | 131 | 162 | 14.5% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Chile in 2022:
- United States (9.8K tons)
- France (3.3K tons)
- Germany (2.1K tons)
- Brazil (1.7K tons)
- Belgium (1.0K tons)
- Lithuania (0.8K tons)
- Spain (0.7K tons)
- China (0.5K tons)
- Argentina (0.5K tons)
- Netherlands (0.2K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Chile
Exports of lubricating preparations not for the treatment of materials from Chile fell remarkably to 2.2K tons in 2022, declining by -25.3% against the previous year. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 19%.
In value terms, exports of lubricating preparations not for the treatment of materials reduced to $10M in 2022. Overall, exports recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $12M, and then contracted in the following year.
| Export of Lubricating Preparations Not for the Treatment of Materials in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 10.7 | 8.8 | 10.9 | 9.0 | -5.6% |
| Paraguay | 0.1 | 0.4 | N/A | 0.2 | 26.0% |
| Mexico | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Others | 0.7 | 0.5 | 0.6 | 0.8 | 4.6% |
| Total | 11.5 | 9.8 | 11.7 | 10.2 | -3.9% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Chile in 2022:
- Peru (2019.0 tons)
- Mexico (74.2 tons)
- Paraguay (54.9 tons)
290
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Chile.
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This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
290
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Chile.
643
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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